NOT LISTED FOR SALE

Estimated Value: $2,034,343

4 Beds
3.5 Baths
4,413 Sq Ft
$461/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $1,780,000 $403 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,925/month

587 Days on Market

Highlights

  • New Construction
  • Family Room with Fireplace
  • Transitional Architecture
  • Lacy Elementary Rated A
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of December 2023

Excellent opportunity to live ITB and in the desirable Ridgewood Neighborhood. Premium location, short walk to Whole Foods. Easy access to Downtown Raleigh, I-440, I-40 & RDU Airport. Spacious kitchen with large island, gas stove & built in microwave. Hardwood floors throughout the home. Windows have been replaced. Masonry fireplace. Huge 4th bedroom would make a great bonus room, guest or in law suite. Deck & patio overlooks private backyard. One car garage! Tons of storage in the basement. Roof 2011.

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 01/24/2022

Last Buyer's Agent

Gretchen Coley

Compass -- Raleigh License #209948

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,347

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Property is zoned R-4

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 4,413 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Rain Gutters

Schools

  • Lacy Elementary School
  • Martin Middle School
  • Broughton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Built by Custom Estate Homes
  • Ridgewood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,347

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Builder Name: Custom Estate Homes
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Ridgewood
  • Above Grade Finished Sq Ft: 4413.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-11-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Recreation Room3: Yes
  • Foundation Details BrickMortar: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 4413.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 13503.6
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Builder Name: Custom Estate Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Butler's Pantry, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Convection Oven, Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log, Outside
  • Fireplaces: 2
  • Total Bedrooms: 15
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Appliances:Convection Oven: Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: In Parade of Homes, Rain Gutters
  • Acres: 0.31
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Martin

Lot Info

  • Zoning: R-4
  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Lacy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Dec 11, 2023
Sold by
Custom Estate Development Llc
Bought by
Sharghi Koorosh and Sharghi Katherine
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Gretchen Coley
Compass -- Raleigh
List Price
$1,675,000
Sold Price
$1,780,000
Premium/Discount to List
$105,000
6.27%
Views
104
Current Estimated Value
$2,034,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,343
Avg. Annual Appreciation
8.03%
Original Mortgage
$1,424,000
Outstanding Balance
$1,403,909
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$630,434

Purchase Details

Listed on
Aug 18, 2021
Closed on
Dec 21, 2021
Sold by
Hoover Dale M
Bought by
Custom Estate Development Llc
Seller's Agent
Brad Thomas
Wieland Properties, Inc.
Buyer's Agent
Jim Allen
Daughtry Realty
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.51%
Original Mortgage
$1,215,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sharghi Koorosh $1,780,000 Magnolia Title
Custom Estate Development Llc $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharghi Koorosh $1,424,000
Previous Owner Custom Estate Development Llc $1,215,000
Previous Owner Custom Estate Development Llc $142,500
Previous Owner Custom Estate Development Llc $717,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $550,000 -- --
12/11/2023 12/11/23 Sold $1,780,000 -3.8% $403 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $1,850,000 +4.5% $419 / Sq Ft
06/01/2023 06/01/23 Price Changed $1,770,000 0.0% $401 / Sq Ft
01/09/2023 01/09/23 Price Changed $1,769,900 -0.3% $401 / Sq Ft
01/05/2023 01/05/23 Price Changed $1,774,900 0.0% $402 / Sq Ft
10/11/2022 10/11/22 Price Changed $1,775,000 +6.0% $402 / Sq Ft
02/02/2022 02/02/22 For Sale $1,675,000 +204.5% $380 / Sq Ft
12/21/2021 12/21/21 Sold $550,000 -- $281 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,347 $607,500 $607,500 $0
2023 $4,415 $405,000 $405,000 $0
2022 $4,488 $441,262 $405,000 $36,262
2021 $4,313 $441,262 $405,000 $36,262
2020 $4,235 $441,262 $405,000 $36,262
2019 $4,250 $365,017 $300,000 $65,017
2018 $4,008 $365,017 $300,000 $65,017
2017 $3,817 $365,017 $300,000 $65,017
2016 $3,739 $290,017 $225,000 $65,017
2015 $3,257 $312,626 $198,750 $113,876
2014 $3,089 $312,626 $198,750 $113,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2428227

Doorify MLS

APN: 0794.10-46-1947-000